Polyester industry chain: The polyester market with high cost ends tends to be consolidated

1. Market trend chart of polyester industry chain

On June 26, the market price index of ethylene glycol was 4550.27, up 7.11 from the previous working day.

On June 26th, the domestic PTA market price index was 5975, down 5% from the previous working day.

On June 26th, the market price index of polyester chips was 7050, which was the same as that of the previous working day, while that of polyester bottle chips was 6975, which was the same as that of the previous working day.

II. Summary of market price of polyester industry chain

1. Brief introduction of Polyester Industry chain Market

PTA

Today, the spot market of East China PTA maintains a high level of volatility, with a reference of 5975 yuan / ton. This week and next week, the main port and warehouse receipt delivery 09 contract Shengshui 12-40 near the transaction and negotiations, the spot basis is strong. International crude oil market fell, lack of support to the market, PTA futures market range fluctuations. The rigid demand of traders and polyester factories follow up, and the market trading atmosphere is general. It is expected that the short-term PTA market will maintain a narrow adjustment.

Glycol

Today, the market price of ethylene glycol is narrow and strong. The supply and demand side is strong, supporting the market mentality, the focus of ethylene glycol market negotiations rose slightly, East China quotation around 4560 yuan / ton, up 15 yuan / ton compared with the previous working day. The quotation in South China is around 4620 yuan / ton. Ethylene glycol port inventory decline, supporting the market. The downstream polyester load remains high and the market rigid demand is stable. Lack of continuous drive in the market, the short-term ethylene glycol market is expected to fluctuate within a narrow range.

Polyester chip

Today's polyester chip market is narrowly arranged. Polyester raw material market is high, cost-end support, polyester chip manufacturers price shipment, market negotiations focus on a small adjustment. Downstream demand follow-up is general, market production and marketing is relatively weak. It is expected that the polyester chip market will maintain the finishing operation in the short term.

Polyester bottle chip

Today, the market for polyester bottle chips fluctuates within a narrow range. Polyester raw material market is high, the cost end to the market support is general, some bottle chip manufacturers offer down, the market negotiation center of gravity is adjusted slightly; downstream cautious wait-and-see, market trading is light. It is expected that the short-term lactone bottle chip market may maintain finishing.

Polyester filament

Today's polyester filament market deadlock finishing. Polyester raw material market is high to support the market, polyester mainstream manufacturers offer stability, individual specifications adjustment, market negotiations focus on small fluctuations. The downstream demand is light, and the market production and marketing is depressed. It is expected that the market price of filament will be arranged in a narrow range in the short term.

Polyester staple fiber

Today, the polyester staple market is narrowly weak. The high end of the cost does not promote the market, and the focus of negotiations in the staple fiber market pulls back slightly. Downstream cautious wait-and-see, the market production and sales light. It is expected that the short-term market price of polyester staple fiber will be maintained.

IV. Polyester Raw material Futures Market

PTA:June 26th PTA main 2409 contract opening price: 5982, lowest price: 5912, highest price: 5994, closing price: 5964, settlement price: 5946, up 0, position: 863639.

Ethylene glycol:June 26th EG main contract 2409 opening price: 4588, lowest price: 4566, highest price: 4593, closing price: 4577, settlement price: 4579, up 9, position: 319915.

V. production and marketing data of polyester market

VI. Future forecast

The international crude oil market is high, the cost end forms the impetus to the market, the polyester raw material PTA and the ethylene glycol market supply and demand end support, the short-term market will be high shock, the polyester raw material end support, the polyester market offer will be mainly adjusted slightly with the cost, the downstream demand is weak, the market production and marketing is light. Short-term polyester market prices are expected to fluctuate within a narrow range. In the later stage, we should pay close attention to the changes of the raw material market and the supply and demand of polyester itself.